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Question: The Food and Drug Administration Modernization Act of 1997 (FDAMA) exempted "compounded drugs" from the rigorous Food and Drug Administration approval process that new drugs must ordinarily undergo. Compounded drugs are "cocktails" whose ingredients are combined, mixed, or altered by pharmacists or doctors to accommodate patients with individualized needs. Congress exempted compounded drugs from the usual drug approval process because the high costs of going through the process would likely make compounded drug production financially unfeasible for many pharmacists, given the special-order nature of such medications. Providers of compounded drugs, however, were exempted from the approval process only if they adhered to certain conditions set by the FDAMA. These conditions required, among other things, that the providers not advertise or promote the compounding of any particular drug, class of drug, or type of drug. Congress adopted the advertising restriction because it believed that the inability to advertise the compounding of drugs would keep the amounts of compounded drugs produced from becoming large enough to compromise the integrity of the approval process that new drugs generally must complete. A group of pharmacies specializing in compounded drugs filed suit against the U.S. Secretary of Health and Human Services and the commissioner of the FDA, alleging that the FDAMA's advertising restrictions violated First Amendment free speech rights. What type of speech did the FDAMA restrict, and what level of First Amendment protection attaches to such speech? Were the pharmacists entitled to win their case?
The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..
This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.
Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.
With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.
It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.
Company Law, Application of Law to Facts and Conclusion.
This assignment related to business law.
Answer all the questions under business law.
Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.
Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.
Business value and ethics, Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..
Advise what tax consequences arise in respect of the payments.
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